Common use of Modification of the Contract Clause in Contracts

Modification of the Contract. Article 11.1. Any amendment to the Contract or its annexes must be made in writing, by means of an amendment to the contract in the event of major modifications or by means of a notice attached to the contract in the case of minor modifications. Exempt from these provisions are the changes in the budget lines within the project budget, if they do not affect the main objective of the project, and the financial impact is limited to the transfer of a maximum of 20% of the amount initially allocated for a budget line of eligible expenses, within the framework of another / other budget line of eligible expenditure included in the detailed budget of the project.

Modification of the Contract. Article 11.111. Any amendment to the Contract or its annexes must be made in writing, by means of an amendment to the contract in the event of major modifications or by means of a notice attached to the contract in the case of minor modifications. Exempt from these provisions are the changes in the budget lines within the project budget, if they do not affect the main objective of the project, and the financial impact is limited to the transfer of a maximum of 20% of the amount initially allocated for a budget line of eligible expenses, within the framework of another / other budget line of eligible expenditure included in the detailed budget of the project.